BRRRR Method as first property.

[Juan Borrero]

Hi all! Been looking to get into real estate investing and for my current situation (single, just moved back home, steady job) it seems like Brrrr out of state method is the best course of action. I also looked into house hacking but with the current market in Florida it seems oit of reach, besides, I do not wish to move too far from south Florida and the house hacking opportunities for my budget here are not in the best neighborhoods.

Can anyone give me their thoughts/experience in my situation and what they would do for passive income every month to reinvest? Thank you.  

[Kerlous Tadres]

Quote from @Juan Borrero:

Hi all! Been looking to get into real estate investing and for my current situation (single, just moved back home, steady job) it seems like Brrrr out of state method is the best course of action. I also looked into house hacking but with the current market in Florida it seems oit of reach, besides, I do not wish to move too far from south Florida and the house hacking opportunities for my budget here are not in the best neighborhoods.

Can anyone give me their thoughts/experience in my situation and what they would do for passive income every month to reinvest? Thank you.  

Here’s a short, helpful reply you can post:

Sounds like you're in a solid spot to start—low personal overhead and steady income is a great foundation. BRRRR out-of-state can work well if you build the right team (agent, contractor, PM). Focus on markets with solid rent-to-price ratios and investor activity—places like the Midwest or parts of the Southeast. For monthly passive income, I'd aim for a value-add single or small multi, then refi and repeat. Just make sure you run conservative numbers and have reserves. You're thinking the right way!